HSBC Holdings PLC First Interim Dividend for 2017 -Scrip Alternative (2237G)
May 25 2017 - 5:00AM
UK Regulatory
TIDMHSBA
RNS Number : 2237G
HSBC Holdings PLC
25 May 2017
HSBC HOLDINGS PLC
FIRST INTERIM DIVIDEND FOR 2017
SCRIP DIVIDEND ALTERNATIVE
On 4 May 2017, the Directors of HSBC Holdings plc declared a
first interim dividend for 2017 of US$0.10 per ordinary share. The
first interim dividend will be payable on 5 July 2017 to holders of
record on 19 May 2017 on the Principal Register in the United
Kingdom, the Hong Kong Overseas Branch Register or the Bermuda
Overseas Branch Register. The dividend is payable in cash in United
States dollars, sterling or Hong Kong dollars, or a combination of
these currencies, with a scrip dividend alternative.
The 'Market Value' for the issue of new shares under the scrip
dividend alternative is:
US$8.6500 for each new share
The 'Market Value' is the United States dollar equivalent of
GBP6.6610 being the average of the middle market quotations for the
ordinary shares on the London Stock Exchange as derived from the
Daily Official List for the five business days beginning on 18 May
2017.
Dividends payable in cash in sterling or Hong Kong dollars on 5
July 2017 will be converted from United States dollars at the
forward exchange rates quoted by HSBC Bank plc in London at or
about 11.00am on 26 June 2017. These exchange rates will be
announced to the London, Hong Kong, New York, Paris and Bermuda
stock exchanges.
Particulars of the dividend arrangements will be sent to
shareholders on or about 2 June 2017 and elections must be received
by the Registrar by 22 June 2017.
For and on behalf of
HSBC Holdings plc
Ben J S Mathews
Group Company Secretary
Note to editors:
HSBC Holdings plc
HSBC Holdings plc, the parent company of the HSBC Group, is
headquartered in London. The Group serves customers worldwide from
around 4,000 offices in 70 countries and territories in Europe,
Asia, North and Latin America, and the Middle East and North
Africa. With assets of US$2,416bn at 31 March 2017, HSBC is one of
the world's largest banking and financial services
organisations.
ends/all
This information is provided by RNS
The company news service from the London Stock Exchange
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